809 Co 466 Rd - Storefront FOR SALE


Lady Lake, FL 32159
$1,167,000 USD
954-703-3602
809 Co 466 Rd, Lady Lake, FL for Sale
$1,167,000 USD
Storefront - FOR SALE
1/10
null | 6% Cap Rate

809 Co 466 Rd
Lady Lake, FL 32159


HIGHLIGHTS

  • 2+ Years Remaining | Options to Extend | Annual Rental Increases | Established Brand
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • The Villages | Local Demographics in 5-mile Trade Area
  • Located Along County Rd 466 | Dense Retail Corridor | Rolling Acres Plaza (346,000+ SF) | Nearby Apartments & Schools

OVERVIEW

• The tenant currently has 2+ years remaining on their initial lease with 1 (5-year) option to extend, demonstrating their commitment to the site • The lease features 3% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$1,167,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Optum Health

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RP

APN/PARCEL ID

18-18-24-1000-00C-20100

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.